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LCCI: Nigerian Postal Bill will Endanger Private Investments


Dike Onwuamaeze
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the Nigerian Postal Services Bill 2021 as passed by the Senate is replete with provisions that would be detrimental to private sector investments in the courier industry.
President of the LCCI, Mrs. Toki Mabogunje, during the Chamber’s, “Address on the State of the Economy,” yesterday in Lagos, described the provisions of the bill as an impediment to sustainable investment in the courier industry.
The chamber’s concerns about the bill included the requirement in Section 68 (2) (b) that licensed private courier operators should contribute two per cent of their annual turnover to the Universal Postal Service fund. ....

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Ministry wants independent regulator for NIPOST


Vanguard News
Ministry wants independent regulator for NIPOST
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The Ministry of Communication and Digital Economy has called for the establishment of an independent regulator for effective operations of the Nigerian Postal Service (NIPOST).
Dr Isa Pantami, Minister of Communication and Digital Economy made the call at a one-day public hearing in Abuja on Monday.
The public hearing was organised by the Senate Committee on Communications was on two bills- the Nigerian Postal Service amendment bill and Nationwide Toll-free emergency number establishment Bill, 2021.
Pantami said that a situation where the regulator was also involved in the provision of postal service would not make for effective operations of NIPOST. ....

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